The talk of Bitcoin has spilled out of the cryptocurrency world and has taken over the Twitter finance community. Bitcoin memes and charts are the latest craze on social media, and I’m being asked about it daily by my family, friends, and neighbors. People that have never traded or invested are fascinated by Bitcoin, and …
This is a Guest Post by Cahill Puil the founder of Byte Media Group. Cryptocurrencies have become an exciting prospect for the experienced investor and first-time trader alike. Experienced investors have been drawn in by the growing legitimacy and widespread adoption of bitcoin and altcoins. For first-time traders, the promise of making a fortune off …
This post is an excerpt from my best selling book “Trading Habits” and is rule #1 of 39. “Because they have no rules to follow, everything no-rules discretionary traders do is a mistake.” – Van Tharp A winning trading system must either be designed to have a large winning percentage of trades or big wins …
This has been shared many times in many forms online and I can not find the original source but it is a great analogy on how bubbles work as people buy things far above what they are worth until they run out of buyers at higher prices. It is the game of the greater fool. …
$SPY continues to make new all time highs. No more bullish signal than all time highs. The 10 day EMA has been the end of the day support since November 16th. This shows a market with momentum. The chart remains under a MACD bullish crossover. $SPY broke out to new highs in price with the …
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. This post is dedicated the those who experience changes in their life that can affect their day to day behavior. Specifically speaking, many may already have dependents or like me, awaiting the arrival of our first …
It is not that technical analysis doesn't work in crypto-currencies, it is that things happen faster. — John Bollinger (@bbands) December 14, 2017 What is happening right now? pic.twitter.com/V291oGO5JD — StockCats (@StockCats) December 14, 2017 The @FBI sold the 144,336 bitcoins its confiscated from Silk Road for $48 million. They would now be worth $2.4 …
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible.
Bitcoin possesses the same characteristics as money: durability, portability. acceptability, limited supply, divisibility, and uniformity. There is no commonly accepted physical coin that represents Bitcoin. Bitcoins can be converted to other currencies. No one person controls Bitcoin it exits on a Blockchain. Bitcoins are kept in software wallets. The maximum amount of Bitcoins will be …
$SPY is still bullish over all moving averages. $SPY is within striking distance of all time highs. The 10 day EMA has acted as end of day support since November 16th. $SPY has gone parabolic with upward momentum carrying price over the 70 RSI to 73.79. Every dip in price continues to be bought. The average …
